Footfall
This coverage explores footfall trends and their impact on the UK retail sector. Reporting includes data on shopper visits, analysis of high street and shopping centre traffic, seasonal fluctuations, and the effectiveness of initiatives to drive in-store engagement. Designed for retail executives and managers, it offers insights to inform operational planning, marketing strategies, and store performance evaluations.
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Mar- 2023 -8 MarchHigh Street
TK Maxx eyes further London expansion
TK Maxx is reportedly looking to expand its presence in London, the Evening Standard has reported. As the capital continues to bounce back from Covid restrictions and with the recent ONS analysis regarding a boost in footfall levels, TK Maxx is reportedly among the companies keen to open more shops…
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7 MarchFeatures
History of Subway: how a small sandwich shop became worth $10bn
Subway is a well known sandwich shop that sells subs. It’s a staple of most British high streets and at one point was the most ubiquitous fast food store in the world with even more sites than McDonalds. However, in recent weeks reports have emerged that the owners Doctor’s Associates…
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2 MarchHigh Street
Footfall falls by 5.3% following half-term boost
Footfall across UK retail destinations declined by -5.3% last week from the week before when it surged +7.6% thanks to school half-term. Over the three days from Monday to Wednesday footfall declined by an average of -12.6% in response to an average rise of +16.8% over the same three days…
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1 MarchFeatures
What tenants need to know as Covid rent arrears support ends
The Government’s support for commercial tenants with rent arrears from the pandemic has ended, giving landlords the opportunity to take action for non-payment of rents. Fuelled by the cost-of-business crisis, the financial situation for businesses and tenants is more precarious than ever, making it vital to prepare for a potential…
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Feb- 2023 -27 FebruaryClothing & Shoes
Primark owner raises guidance after better than expected trading
Primark owner Associated British Foods (ABF) has announced that it is raising its full-year guidance after Primark traded unexpectedly well. The company stated that its adjusted operating profit and adjusted earnings per share were now expected to be broadly in line with the previous financial year. Total sales at Primark…
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22 FebruaryFeatures
Could stationery retailers be facing a future in concessions?
Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results from big players in this corner of the market, such as Ryman and WHSmith. For starters, Ryman reported a loss of £8.5m in earnings for the first time in 25…
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14 FebruaryHigh Street
Footfall surges 9% amid city centre recovery
Footfall across all UK retail destinations surged +9.1% annually, with a week-on-week footfall boost of +1.6% as office workers returned to city centres, according to the latest figures from Springboard. It found that consumers returned to UK high streets after train strikes the week previous, as Footfall at MRI Springboard’s…
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13 FebruaryClothing & Shoes
Mulberry shutters Bond Street store amid end of VAT-free shopping
Luxury fashion retailer Mulberry has shuttered its Bond Street store after it claimed that the end of VAT-free shopping for international consumers has negatively impacted its sales at the location. Last year chancellor Jerermy Hunt decided to implement the levy which now sees international visitors unable to claim back the…
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7 FebruaryFeatures
Super.Mkt: a symptom of the charity shop revolution
Secondhand shopping has had its moment in the spotlight in recent years, as the stigma of repeating outfits and being seen in an unfashionable charity shop have dissipated to make way for sustainably-conscious shopping. Even before the cost-of-living crisis was on the tip of everyone’s tongues, the appeal of “buying…
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7 FebruaryClothing & Shoes
Crew Clothing to open 40 brick-and-mortar stores by 2025
Crew Clothing has plans to open 40 new brick-and-mortar stores by 2025 across market towns and coastal resorts in the UK, according to The Times. The group’s decision to expand its portfolio of in-person stores comes as it recovered post-pandemic, as it revealed that online and store sales both increased…
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